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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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SIGNATURE ROBERT E. HUNSTAD
TITLE PRESIDENT
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<PER-SHARE-NAV-BEGIN> 1.31
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<PER-SHARE-GAIN-APPREC> (0.10)
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<PER-SHARE-NAV-END> 1.18
<EXPENSE-RATIO> 0.56
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 1
<NAME> MONEY MARKET PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
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<PERIOD-START> JAN-01-1999
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<NET-ASSETS> 156,579
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,397
<OTHER-INCOME> 0
<EXPENSES-NET> 804
<NET-INVESTMENT-INCOME> 6,593
<REALIZED-GAINS-CURRENT> 0
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<NET-CHANGE-FROM-OPS> 6,593
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<NUMBER-OF-SHARES-REDEEMED> 172,345
<SHARES-REINVESTED> 6,600
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<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 805
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<PER-SHARE-NAV-BEGIN> 1.00
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<PER-SHARE-GAIN-APPREC> 0.00
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<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.56
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 4
<NAME> ASSET ALLOCATION PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
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<SENIOR-EQUITY> 3,143
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<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 750,129
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<NET-INVESTMENT-INCOME> 15,217
<REALIZED-GAINS-CURRENT> 33,121
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<NET-CHANGE-FROM-OPS> 98,994
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<GROSS-EXPENSE> 3,554
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<PER-SHARE-NAV-BEGIN> 2.28
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<PER-SHARE-NAV-END> 2.39
<EXPENSE-RATIO> 0.53
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 5
<NAME> MORTGAGE SECURITIES PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<EXCHANGE-RATE> 1
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<SENIOR-EQUITY> 1,188
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,484)
<NET-ASSETS> 138,815
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<EXPENSES-NET> 750
<NET-INVESTMENT-INCOME> 9,142
<REALIZED-GAINS-CURRENT> (883)
<APPREC-INCREASE-CURRENT> (5,631)
<NET-CHANGE-FROM-OPS> 2,628
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<NUMBER-OF-SHARES-REDEEMED> 26,627
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<ACCUMULATED-NII-PRIOR> 7,552
<ACCUMULATED-GAINS-PRIOR> (2,284)
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<INTEREST-EXPENSE> 0
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<PER-SHARE-NAV-BEGIN> 1.22
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> (0.05)
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<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.17
<EXPENSE-RATIO> 0.57
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 6
<NAME> INDEX 500 PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<EXCHANGE-RATE> 1
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<INVESTMENTS-AT-VALUE> 658,762
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<ACCUMULATED-NII-PRIOR> 5,084
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<INTEREST-EXPENSE> 0
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<PER-SHARE-NAV-BEGIN> 3.91
<PER-SHARE-NII> 0.04
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<PER-SHARE-NAV-END> 4.56
<EXPENSE-RATIO> 0.45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 7
<NAME> CAPITAL APPRECIATION PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1998
<EXCHANGE-RATE> 1
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<INVESTMENTS-AT-VALUE> 458,899
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<OTHER-ITEMS-LIABILITIES> 520
<TOTAL-LIABILITIES> 10,791
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<PAID-IN-CAPITAL-COMMON> 246,384
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<SHARES-COMMON-PRIOR> 111,076
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<NET-ASSETS> 457,449
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<EXPENSES-NET> 3,008
<NET-INVESTMENT-INCOME> (923)
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<APPREC-INCREASE-CURRENT> 41,567
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROMFORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 8
<NAME> INTERNATIONAL STOCK PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
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<NET-INVESTMENT-INCOME> (923)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 9
<NAME> SMALL COMPANY PORTFOLIO
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<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 12-MOS
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 12
<NAME> MATURING GOVERNMENT BOND 2002 PORTFOLIO
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<CURRENCY> US
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1999
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<TABLE> <S> <C>
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 13
<NAME> MATURING GOVERNMENT BOND 2006 PORTFOLIO
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<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 14
<NAME> MATURING GOVERNMANET BOND 2010 PORTFOLIO
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<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 10
<NAME> VALUE STOCK PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 15
<NAME> SMALL COMPANY VALUE PORTFOLIO
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<CURRENCY> US
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 16
<NAME> INTERNATIONAL BOND PORTFOLIO
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME>
<SERIES>
<NUMBER> 17
<NAME> INDEX 400 MID-CAP
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<S> <C>
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<TABLE> <S> <C>
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 18
<NAME> MACRO-CAP VALUE PORTFOLIO
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<CURRENCY> US
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 19
<NAME> MICRO-CAP GROWTH PORTFOLIO
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<CURRENCY> US
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
N-SAR AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000766351
<NAME> ADVANTUS SERIES FUND, INC.
<SERIES>
<NUMBER> 20
<NAME> REAL ESTATE SECURITIES
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<EXCHANGE-RATE> 1
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<NET-CHANGE-FROM-OPS> (239)
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<EXPENSE-RATIO> 0.90
</TABLE>
